Seventy percent (70%) of respondents to a survey on elderly care and retirement financing in China say that they have yet to draw up their pension plan, due to ignorance or simply the lack of action, according to a bluebook published jointly by AIA and the Centre for International Social Security Studies(CISS) at Chinese Academy of Social Sciences(CASS).
A draft regulation allowing foreign insurance group companies to invest in intermediary companies in China is yet to be released publicly even as domestic insurance groups can wholly own an insurance intermediary, notes the Insurance Working Group of the EU Chamber of Commerce in China.
The number of new life insurance policies in Japan has been recovering after falling when the COVID-19 pandemic erupted last year, says the Life Planning Department of The Toa Reinsurance Company.
Purchasing life insurance riders can be tricky. Max Life Insurance deputy managing director V.Viswanand looks at a few common riders and explains the benefits they provide.
There are many myths and assumptions about being a financial adviser representative - unstable and risky income, stressful job environment, and a heavy focus on traditional face-to-face sales. However, five of the following representatives from NTUC Income's different distribution channels, including the Sales Management Associate (SMA) programme, have come together to debunk these myths.
The Financial Services Council (FSC) yesterday released a blueprint for a simplified regulatory framework that could reduce the cost of providing financial advice by almost A$2,000 ($1,470) per client, or up to 37%.
Estate planning is one of six key components of having a holistic financial plan, said DBS Bank head of financial planning literacy Lorna Tan at the CPF & Your Retirement EP Forum 2021.
Earnings from underwriting in the life insurance sector in Japan remain resilient due to the seasoned and stable in-force policies, noted Fitch Ratings in its "2021 Fitch on Japan" webinar last week.
Insurers in India are looking for a hike in the premium for Pradhan Mantri Jeevan Jyoti Beema Yojana (PMJJBY, Prime Minister Life Insurance Scheme).
As Great Eastern Financial Advisers (GEFA) celebrates its 10th anniversary, we caught up with CEO Ms Jesslyn Tan to find out the success factors that have made GEFA one of the largest financial advisory firm in Singapore, as well as get her perspectives on how the financial services industry has evolved.